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You want to calculate the weighted average cost of capital. The dividend just paid is $3.10/share. It is anticipated to grow at a rate of
You want to calculate the weighted average cost of capital. The dividend just paid is $3.10/share. It is anticipated to grow at a rate of 4% for the foreseeable future.
What is the cost of equity if the current price of stock is $44.90 a share?
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